I know first hand that most apartments rarely reach 1,000 square feet. The norm is usually 600 – 800 square feet. For growing families in urban areas, the small space can seem uninhabitable.
The more I read about housing market news (the bubble returning, investors snatching up affordable houses, etc.), the more I think living in a tiny or small house might be my future.
You say you know where your money goes and you don’t need to track your expenses to keep up with it? I issue you this challenge: Keep track of every penny you spend for one month and I do mean every single penny.
Don’t forget to write off closing costs on the purchase of a new home, home improvement receipts, and volunteer related expenses!